Daily price is located inside Ichimoku cloud for trying to cross the resistance level at 90.40 to above for the bullish trend to be resumed.
- If the price breaks resistance at 90.40 on the daily close bar so the bullish trend will be resumed with 94.17 resistance as the possible target.
- If the price crosses the support level at 85.30 so the daily bearish reversal will be started.
- Alternatively, the price will be on ranging waiting for direction.
Trading Summary: ranging waiting for the bullish trend to be resumed.
Profilo MQL5
Nuovo commento
Daily price broke support level at 85.30 to below for the good bearish breakdown.
Daily price broke support level at 85.30 to below for the primary bearish market condition to be continuing.
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